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A year ago, the 30-year return for the S&P 500 was 834%, which is to say it rose just over ninefold between the end of Q3 1993 and the end of Q3 2023.
Why it matters: The stock market has been on a tear of late — up 34% over the past year and up 20% year to date.
By the numbers: On an annualized basis, the S&P 500 is up 8.8% per year over 30 years, 11.3% over 10 years, and 28.7% over the past three quarters.
The bottom line: No matter what their holding period, passive investors should be extremely happy with their performance to date.